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June Economic News

Monday August 8, 2016 comments

June Economic News

The Federal Reserve once again hit the pause button. The central bank, led by Chair Janet Yellen, decided not to raise interest rates Wednesday at the end of its two-day meeting. The decision was in line with expectations after a brutal May jobs report. The Fed cut its forecast for U.S. economic growth in 2016 to 2%, down from 2.2% earlier. Yellen pointed to "headwinds blowing on the economy" as a factor in this reduced outlook. This is the second time this year that the Fed is reducing its expectations for U.S. economic growth -- the... Read More


Avoid the Working Vacation

Tuesday May 31, 2016 comments

Avoid the Working Vacation

Summer is fast approaching. A time when the school year is wrapping up, the grill is being fired up for cookouts, and a time that many workers will be using up some vacation days. But truly being out of the office is easier said than done in this age of constant connectivity. According to a 2014 survey by the employment website Glassdoor, 61% of workers have done at least some work while on vacation the previous year. Of those that split their vacation time with work, 28% did so out of unwillingness to delegate, 28% did so to stay ahead of... Read More


May Economic News

Tuesday May 31, 2016 comments

May Economic News

The U.S. economy went through a soft patch in the first quarter of 2016. Seasonal adjustment issues played a small role in tipping growth to the soft side. More importantly, a positive outlook for the rest of the year remains in place. One of the key developments is that the January global market turbulence is behind us for now. Key economic indicators in major economies maintain a forward momentum for the most part. U.S. economic growth during the rest of the year is predicted to advance at a decent clip. Consumer spending is predicted... Read More


April Economic News

Friday May 20, 2016 comments

April Economic News

April Economic News The IMF this month said that the baseline projection for global growth in 2016 is a modest 3.2%, broadly in line with last year, and a 0.2% downward revision relative to the January 2016 World Economic Outlook Update. The recovery is projected to strengthen in 2017 and beyond, driven primarily by emerging market and developing economies, as conditions in stressed economies start to gradually normalize. But uncertainty has increased, and risks of weaker growth scenarios are becoming more tangible. The fragile conjuncture... Read More


March Economic News

Friday April 15, 2016 comments

March Economic News

Hot off the press!! Below are the latest economists' consensus predictions on key economic indicators for the US: GDP: 2.3% for '16 versus 2.4% for '15 Unemployment: Falling to 4.6% by end '16, from 4.9% now Interest Rates: 10-year T-notes at 2.4% by end '16 Inflation: 2.4% for '16, up from 0.7% in '15 Business spending: Slight rise in '16, after drop in '15 Energy: Crude oil trading from $35 to $40/bbl. into May Housing: Construction, sales of single-family homes up nearly 15% in '16 Retail sales: 3.9% growth in '16, from 4.6% in '15... Read More


Navigating Water Cooler Politics

Friday March 4, 2016 comments

Navigating Water Cooler Politics

Our seemingly never ending election process ramps up to full speed during presidential years and this year is likely to be a particularly contentious year without an incumbent running for re-election. You've probably heard that religion and politics are best kept out of the office but is it really realistic to expect all political chatter to cease as soon as one walks through the office doors? Chances are that at some point the topic of politics will come up in the office break room or in a private meeting and becomes a near certainty when... Read More


February Economic News

Friday March 4, 2016 comments

February Economic News

This month, the focus is on U.S. business output. Both Markit and the Institute for Supply Management (ISM) are saying that things got better for the manufacturing sector during January; however, the two survey providers are also at odds with each other with Markit reporting that the manufacturing sector is expanding at a faster pace (52.4 versus 51.2 previous) while the ISM reports that the modest contraction slowed down a bit (48.2 versus 48.0 previous). However, both reports also noted that new orders and production expanded at faster... Read More


Customer / Vendor Portals Coming Soon!!

Friday February 26, 2016 comments

Customer / Vendor Portals Coming Soon!!

LDK Logistics has developed our own in-house, proprietary enterprise management software that efficiently manages the entire delivery process from origin to destination. A customer portal will enable users to efficiently track and monitor their orders. Our system is cloud based and easily accessible through encrypted passwords to our customers. This allows for efficient order entry, delivery track trace documents and invoicing. Our system is state-of-the art and constantly updated to meet the changing needs of our customers and the industry.... Read More


January Economic News

Friday January 29, 2016 comments

January Economic News

2016 is off to a bit of a wild ride, at least in terms of the stock market and energy prices. All major stock indexes are down between 0.5% and 1.6% since the beginning of the year. However, on the bright side, the overall economy is expected to continue to expand at apace slightly above trends for 2015, according to Bill Strauss, senior economist and economic adviser, Federal Reserve Bank of Chicago. Since the Great Recession, he said, the gross domestic product has expanded by 2.1%. The Federal Open Market Committee expects this low... Read More


LDK Launches New Website

Friday January 15, 2016 comments

LDK Launches New Website

After a three month design process, the new website of LDK Logistics went live this past week. The new site is a capstone on a year of change and growth for LDK Logistics. The website has several highlights and new features with more to come. Our New Logo - Voted on by the employees and shareholders of LDK, our new logo is a fresh new look on the LDK brand. Employee Bio - It can be hard to put a face to a person when communication is done by phone or email. The new website has a page dedicated to the employees of LDK, featuring short... Read More





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